Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories across Nigeria (as at 28th August 2023) is N4,010 in Okpella and N4,640 in Ibese, Objana, and Gboko. Including transportation costs and the location of delivery, prices could range between N5,000 to N5,300 per bag. This clarification […]
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The Managing Director /Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan in a discussion with the Hon. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, at the end of the NDIC’s briefing of the Minister yesterday in Abuja.
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Foremost Nigeria’s conglomerate, Dangote Industries Limited has emerged as Nigeria’s most valuable brand for the sixth consecutive year. This achievement was confirmed by the brand and marketing firm, TOP 50 BRANDS NIGERIA, as part of its comprehensive 2023 Top Brands perception assessment. Winning the award for a record 6th time confirms the foremost African indigenous […]
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As part of its expansion strategy, Access Bank Plc recently launched custody services to offer safekeeping and servicing of financial assets to its customers. The Managing Director of Access Bank, Mr Roosevelt Ogbonna, made this known in a statement in Lagos on Tuesday, 15th August, 2023. Ogbonna said that the expansion into custody services came […]
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Stakeholders in the Nigerian banking system, has urged Nigerian traditional financial institutions to embrace innovation and adapt in a changing environment to remain relevant. Various professionals including ICT, PR , experts among others unanimously gave the advice at the Association of Corporate Affairs Managers of Banks (ACAMB’s) second National Stakeholder Conference 2023 edition in Lagos, […]
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Ecobank Nigeria has said its customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile and Omnilite apps and the recipient gets immediate credit in the target country’s local currency. According to Head, Consumer Banking, Ecobank Nigeria, Korede Demola- Adeniyi, the introduction is in line with innovations […]
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In the face of the unmitigated downward slide of the exchange rate of the naira to dollar which has attracted the attention of the federal government, the Central Bank of Nigeria (CBN) on Monday, 14th, August 2023, expressed its readiness to reverse the slide of the nation’s currency, as it has lined up intervention measures […]
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The Association of Corporate Affairs Managers of Banks (ACAMB), the umbrella body of corporate and marketing communication professionals working in Deposit Money Banks (DMBs) in Nigeria, has announced Thursday, August 17, 2023, as the date for its 2nd National Stakeholders’ Conference set to hold at Bankers House, CIBN, Adeola Hopewell Street, Victoria Island, Lagos. […]
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Leading Nigerian independent energy company, Seplat Energy Plc, listed on both the Nigerian Exchange Limited and the London Stock Exchange, has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022). This growth is attributed to increased realised gas prices and a […]
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Leading African financial institution, Access Bank Plc, has announced its plan to reward customers N135 million in cash prizes to over 800 lucky customers in its season15 DiamondXtra product campaign. The bank also disclosed that in 15 years it had rewarded over 26,000 customers customers with N 6.38 billion. The bank also emphasized that its […]
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The Central Bank of Nigeria has said the country’s inflation rate is better compared to most African nations. The acting Governor of the CBN, Folashodun Shonubi, stated this on Tuesday at the 2023 Zenith Bank International Trade Seminar. Shonubi, who was represented by the Deputy Governor, Economic Policy at the CBN, Kingsley Obiorah, said there […]
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The Nigerian Labour Congress (NLC), on August 1st, 2023, dismissed policy measures unveiled by President Bola Tinubu in his national broadcast on Tuesday as falling short of expectations of Nigerian workers. It said that until workers see real commitment by government to do the needful and improve the lot of Nigerians and ameliorate the sufferings […]
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